Use A Food Money Box To Split Grocery Costs

Whether it's a roommate, significant other or spouse who thinks you're the one eating your home into poverty, there's a less argumentative way to split the cost of food. Watch your food costs, then create a food fund that everyone pays into.

Photo by Jeff Keen.

Frugality blog Wise Bread uses an author's own tale of food cost splitting as an example of how to split up food costs among people who, let's be honest, don't eat the same things. The first phase required the tracking of grocery purchases in rough spreadsheets. After that:

My girlfriend then created a food money box and placed it in the kitchen. On the 9th of every month, we go to the food box, split what's left in the box, and throw in our monthly food money that we found during our two-month documentation phase. (You would think that the expenses would fluctuate pretty often. It's actually the exact opposite: we're always within $US20-40 of the previous month, so we never have a problem.)

If we go grocery shopping, we pick up some cash from the box, and head to the store. If we're meeting friends for dinner, we take money from the box. When my school lunch bill comes at the end of the month, I take out 5,000 yen ($50) and pay the bill.

How do you split the food bill the smart way in your own home?

How to Split Food Expenses With a Significant Other [Wise Bread]


Comments

    As someone who takes home made sandwiches for lunch I would be very annoyed if someone was taking out "lunch money" every day.
    It costs me $10 to buy a roll and a drink but as little as $1 to make a sandwich and bring water from home.
    Why should I subsidise their lunches?

Join the discussion!

Trending Stories Right Now